Opinion: The Venezuelan government is promoting the use of encryption to empower the economy

According to Ethereum World News, Ricardo Baptista, head of Cryptoeconomy Corporation of Latin American cryptocurrency company, said in an interview that the Venezuelan government is promoting the use of encryption to empower the economy, thereby offsetting the negative impact of the economic blockade on Venezuela, saying that encryption is " Evade the road to sanctions." He also pointed out that "due to the economic recession, digital currency may cause Venezuelans to rethink their financial culture. Now, the value of digital trading is growing. Our currency Bolivar has been hit hard, and we hope that financial technology can make Bolivar Become a digital asset, not a value on paper."